Sunday, March 7, 2010

Silver as Idaho Currency?

Silver as Idaho Currency

While the impetus behind introducing a bill to allow silver to be used in Idaho as a currency is job creation, the implications would be extraordinary if it happens, especially in relationship to the silver currency strength to the strength of the U.S. dollar.

The silver medallions, which have a good possibility of becoming a currency from a political standpoint, could be used for many things, including paying state taxes if one wished.

If this were to become successful, it wouldn't be long before other states implemented similar measures, which would create a dominoe effect, this time for something very positive.

Who knows where silver as a currency could go if this works, and if gold would be seriously entertained as a competing currency again.

Silver as Currency

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